With current production methods a solar panel will take 3 years to generate the power that it takes to produce it. With the average lifespan of a solar panel being between 30 and 40 years we would estimate that a solar panel will generate at least 10 times the energy that it takes to produce …
Continue reading “How much energy is used to manufacture a solar panel, is it worth it?”
It is true that the price of panels have dropped drastically and there is still some room to go. The price of panels have come down so much that it is not the most expensive part of a solar system. In recent years the rules have changed and the installation cost have gone up by …
Continue reading “I have heard that solar panels are going to drop in price in the future, should I wait?”
It may come as a surprise to many people but solar photovoltaic cells are not new. They were first discovered in 1839. There have been many breakthroughs since then but the advancements are getting smaller. In Europe, large solar plants cover 1000’s of acres and have for years. There may be a company or university …
Continue reading “I heard there is a new breakthrough in solar technology coming, should I wait?”
The efficiency of a solar panel is its ability to convert solar energy into power. A panel that has an efficiency of 15% converts 15% of the solar energy that falls on it into power. There is a great deal of hype about how efficient one panel is over another. What efficiency translates into in …
Continue reading “How important is the efficiency of the solar panels that I buy?”
Probably not. With a grid-tied solar system the first panel that goes on the roof will probably cost about $7,000 due to all the permits, fees and other overhead costs. There are a lot of costs that are the same regardless if you are installing one panel or fifty. Every panel that goes on the …
Continue reading “I would really like to get a solar system but I can only afford 1 or 2 panels. Is it worth it?”
We have partnered with a major Canadian bank to facilitate our projects. We can help you fill out the forms and get it to the right people. Approvals are usually returned in a couple of days kliknite na ovaj link. Currently the rates for these unsecured loans are 6.99%. There are no discharge fees so …
Continue reading “I\’m not interested in financing with my bank. What options do you offer?”
You will absolutely get the best interest rate if you pursue a secured Line Of Credit with your own bank.
Farm buildings are fantastic for roof-mounted systems. Large dairy or poultry operations may be able to install much larger systems too.
Yes and No. From a technical standpoint, there are few areas in Southern Ontario that are not viable for solar energy. From a practical standpoint it is possible to be denied a connection by your hydro company due to lack of capacity on your local line. If too many people on your line segment install …
Continue reading “Does it matter where I live?”
Sadly there are virtually no incentives or subsidies for solar in Ontario. This is at a time where every other form of energy is being subsidized by 25% by the Ontario Fair Hydro Act. For businesses there is the opportunity for accelerated depreciation but that is it.